Is it not obvious? The off-shoring capital intensive jobs (the source of higher wages) to high-labor, low-capital China while simultaneously importing two million a year no-skilled / low skilled / low IQ foreigners to work mowing lawns and washing dishes while your children grow up asking "You want fries with that" has been a disaster.
You can not grow the population massively for the people to get rich. That only lets the few at the top to get obscenely rich.
Globalism and globalization has been a reversion toward Neo-Feudalism. No one asked the working-class people of the USA if we wanted this.
US citizens need major reforms. At minimum, here are the changes needed.
- Limit stock ownership to 5% in any publicly-traded firm.
- An amendment to the Constitution stripping personhood from corporate entities.
- A sales tax levied on every stock transaction, bond transaction, commodity transaction.
- A limit of ten percent of income paid to Congress annually from whatever means.
- A ban on regime change wars.
- Immigration must be reduced to keep foreign-born at no more than 5% of total population.
- An end to all free trade agreements with tariffs imposed at rates reflecting per capita capital spending.
The people who have leveraged and have controlled corporate America for several decades now have been quite bad people with low morality and no loyalty to their fellow citizens, especially the poorest among us. They have schemed and implemented the worst laws, which have resulted in the worst operational design in the history of the USA. This is why the Federal Reserve is stuck providing quantitative easing forever.
The ten-year economic depression from the Banking Crisis of 2008, all through the Obama presidency and the first year of the Trump presidency, all stemming from the biggest credit bubble in the history of mankind, the Greenspan-Bernanke Great Inflation, ought to have been enough to awaken everyone, but especially responsible people.
In the era of the communist Soviet Union, trade was prohibited with the communists. So why trade has been allowed with so-called communist China?
Technically, China no longer is communist. Sure, it is still a one-party, totalitarian regime. The Chinese Communist Party is communist in name only.
Today, China is as fascist as Hitler's Nazi Germany and like Nazi Germany, China is an ethno-state. The Chinese race is the only race that matters to the Chinese.
Please re-visit some key works on the True Dollar Journal to know why the stated reforms ought to happen. The detailed works are quite excellent guides.
The policies of future Congresses must change to one of Americans first. Citizens must come before foreigners. Solidity must come before globalist schemes. Elites must be leveled of political power. Authentic competitive capitalism must be restored.
Trade
- NAFTA? CANADIANS SHOULD PAY A 15.5% TARIFF FOR EXPORTS INTO THE USA. THE WORLD SHOULD PAY MUCH MORE.
- AMERICANS ARE COMMITTING (ECONOMIC) SUICIDE DAILY WITH IPHONES AND IPADS
- RICHARD HAASS LAMENTS FOR HIS GLOBAL PLUTOCRACY TRIBE AS THE WORKING-CLASS IN THE USA AND EASTERN EUROPE AWAKEN.
Taxation
Labor and Immigration
- THE LABOR SHORTAGE MYTH IS PROPAGANDA USED AGAINST YOU AND IT IS ONE OF THE BIGGEST GAFFS OF ACADEMIC ECONOMISTS AND POLITICIANS
- UNFETTERED IMMIGRATION IS KILLING AMERICAN CAPITALISM
- CURTAILING IMMIGRATION MAKES CAPITALISM WORK. ECONOMIC ILLITERATES VERSUS PRESIDENT TRUMP'S IMMIGRATION REFORM PLAN.
- CONFUSED BILL CLINTON SAYS AMERICANS NEED IMMIGRANTS. NORWEGIANS VS AMERICANS.
- ILLEGAL IMMIGRATION. WHY IT'S BAD FOR YOU AND A BOON FOR ANTI-CAPITALISTS.
- THE BIG LIE: AMERICANS ARE A NATION OF IMMIGRANTS